Sensex, Nifty on a Flat Note; Indiabulls Real Estate Soars 40%

Markets settled today, 17 April 2017, marginally lower dragged by metal stocks, power and PSU stocks. The market sentiments were subdued on account of weak Asian markets.

On closing, the BSE Sensex stood lower by 48 points, while the NSE Nifty settled down 12 points. Meanwhile, the BSE Mid-Cap and Small-Cap finished the race going up 0.2% and 0.5% each.

Sun pharma Ltd fell 2.5% after the US FDA issued its observations without hurdles. Pharma stocks kept its way on a mixed note. Meantime, shares of Natco Pharma Ltd and Aarti Drugs witnessed majority of the buying activity.

Overseas, Asian equities ended mixed, with the US dollar sinking against the yen, following tensions in the Korean Peninsula. The rupee was trading at Rs 64.42 against the  Dollar in the afternoon session. Oil prices were trading at USD 52.76.

The Finance Ministry has endorsed the employees' provident fund interest rate at 8.65% for the 2016-17 financial year, which will benefit over 40 million subscribers EPFO. The fund will witness a surplus after providing 8.65 percent interest rate for the last financial year.

Equity Benchmarks Moving Up, Midcap Sectors Outperform

Equity benchmarks are continue climbing up. Sensex has jumped up 169 points at 26519 while Nifty is up 54 points at 8181. Smallcap-Midcap sectors are outperforming today. BSE SmallCap is 144 points high at 12251, BSE Midcap has hiked 97 points at 12399. Yet 1669 shares have advanced, 580 shares have declined and 125 shares are still unchanged.

Asian Market Updates: After two consecutive days rally, global indices have fell down today. Nikkei is 38 points down at 18318, Hong Kong's Hang Seng has lost 61 points at 22768 and Taiwan Index with minor loss of 29 points at 9192.

Pharma stocks are underperforming while auto sector is gaining. Idea Cellular, Eicher Motors, Maruti Suzuki, M&M and GAIL are the gainers of Nifty while Sun Pharma, BPCL, HUL, Lupin and Hindalco are losers of Nifty.

Sensex sheds 77 points; Nifty50 hits 6-month low to end at 8,074

Equity benchmarks indices were trading lower on Friday, closing market at Sensex sheds 77 points at 26,150.24. and the Nifty declined 6-month low to end at 8074. NTPC rallies 4 percent while Tata Steel slips 2 percent. About 1312 shares have advanced, 1277 shares declined, and 166 shares are unchanged. 

The gainers were NTPC, Sun Pharma, Bharti, Hero MotoCorp and M&M, while losers were Tata Steel, ITC, GAIL, Asian Paints and HDFC Bank.

Sectoral indices were trading on a mixed note with stocks from power sector,  witnessing maximum buying interest. Stocks from fast moving consumer goods sector are witnessing selling pressure.

Sensex Nifty Slipping Down - Auto, FMCG, Oil stocks tumble

After a huge rally yesterday, Stock market gone into heavy losses today. Currently Sensex has slumped 392 points at 27124 and Nifty has lost 133 points at 8392. Except Healthcare sector, all the sectors are going through heavy losses. BSE Small Cap has dropped 279 points at 12647, BSE MidCap has moved down 312 points at 12619 and Nifty Midcap lost 335 points at 15055. Just 424 shares have advanced, about 1888 shares have declined and 122 shares are still unchanged. 

Sun Pharma, ONGC, BHEL, SBI and Bank of Baroda are gainers while UltraTechCement, Bharti Infratel, GAIL, Adani Portsand Eicher Motors are the losers in NSE. 

Asian Market is also slipping down today. Nikkei is 23 points up at 17368, Hang Seng dropped 272 points at 22566 and Taiwan index is live at 8957 with 194 points down.

Nifty Breaches 8450, GST Push Fails To Calm Nerves ~ Latest Stock Market updates

Indian Stock Market was swinging between the gains and losses in the early session. Stock Market opened in green but moved into negative zone while increase in losses. Sensex has lost 53 points at 27376 and Nifty is 26 points down at 8458. Currently, 499 shares have advanced, 2130 shares have declined and 93 shares are still unchanged. BSE Small Cap has dropped 269 points at 12897, BSE MidCap has lost 142 points at 12872 and Nifty Midcap is 199 points down at 15221. GST has made the market to move down in the losses.

Asian Market Updates : Japan's Nikkei has undergone a major loss of 229 points at 16905, Hang Seng is 13 points up at 22696 and China's Shanghai Composite is 3 points down at 3125.

Gainers: ITC, HCL Tech, HUL, Asian Paints, Axis Bank

Losers: Sun Pharma, Dr Reddys Labs, Lupin, Aurobindo Pharma, Bharti Infratel 

Stocks in Focus Today: Larsen and Tourbo, Union Bank Of India, ICRA, TD Power Systems and PVR are the stocks that will be in focus today.